40 Drayton Terrace, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

40 Drayton Terrace
Mermaid Waters QLD 4218

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 183m2
Land area: 831m2
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Property Details for 40 Drayton Tce, Mermaid Waters

40 Drayton Tce, Mermaid Waters is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1991. The property has a land size of 831m2 and floor size of 183m2. While the property is not currently for sale or for rent, it was last sold in January 2018.

Building Type
House
Year Built
1991
Floor Size
183m2
Land Size
831m2
Local Government
Gold Coast City
Lot/Plan
71/RP215140

Last Listing description (March 2018)

Return life back to this beauty as you can never over capitalise in a location as special as this, a spacious residence situated in popular Mermaid Waters - super convenient and central location that is so close to Pacific Fair, Q Supercentre, schools, parks and transport.
It's so family and dog friendly being positioned at the end of a quiet cul-de-sac on a large 831m2 land area with a massive 26 metre water frontage, this perfect home offers so much space for the whole family with its 2 separate living areas, 4 bedrooms (master large with walk in robe and ensuite) + study, 2 bathrooms, huge outdoor entertaining area overlooking the sparkling in-ground swimming pool with water views - ideal for entertaining family and friends all year round, double garage with a fully enclosed double carport and low maintenance well established gardens.
When you are not busy adding value to this gem, jump on your jetski, surf ski or paddleboard, spend the day on your boat, or simply fish or crab off your own personal pontoon and jetty - you will never be bored when you live in this super convenient waterfront location.

Features include:
- Spacious family home with the perfect floor plan for you to improve on
- 4 bedrooms (master with walk in robe and ensuite)
- Study / 5th bedroom
- 2 bathrooms, including ensuite off the master bedroom
- 2 separate spacious living areas
- Ducted air-conditioning and ceiling fans in all rooms
- Double garage with a fully enclosed double carport in front + room for more cars off street
- Huge outdoor undercover entertaining area
- Large 831m2 land area with a massive 26m water frontage
- In-ground swimming pool
- Pontoon and jetty
- Garden shed and greenhouse
- Established manicured gardens
- Fully fenced yard
This property is easily liveable, yet still offers enough scope to add your own personal touches to turn into the waterfront paradise of your dreams. Don't let this fantastic opportunity pass you by, call Luke Henderson or Cindy Katene today to book your inspection that could lead you to paradise.
Council Rates: approx. $3,000pa
Water Rates: approx. $1,880 p.a.
Rental Income: Estimated at approx. $750 p/w.

Property History for 40 Drayton Tce, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,000,000
09 Jan 2018
  • 09 Jan 2018
    Sold for $1,000,000
  • 02 Nov 2017
    Listed for Sale $1,135,000 (All offers considered)
  • 01 Jul 2010
    Sold for $923,000
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About Mermaid Waters 4218

The size of Mermaid Waters is approximately 7.1 square kilometres. There are 23 parks, covering nearly 7.3% of the total area. The population of Mermaid Waters in 2016 was 12045 people. By 2021 the population was 13088 showing a population growth of 8.7% in the area during that time. The predominant age group in Mermaid Waters is 30-39 years. Households in Mermaid Waters are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mermaid Waters work in a professional occupation.In 2021, 68.60% of the homes in Mermaid Waters were owner-occupied compared with 66.10% in 2016.

Mermaid Waters has 6,226 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 51.00% increase in median value, while Units have seen a 77.20% increase. As at 31 July 2026:

  • The median value for Houses in Mermaid Waters is $2,089,284 while the median value for Units is $967,893.
  • Houses have a median rent of $1,400 while Units have a median rent of $850.
There are currently 48 properties listed for sale, and 16 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 282 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.